New York is a state in the northeastern U.S., known for New York City and towering Niagara Falls.
Tag: New York
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s...
Jonathan Rose Companies acquires Tower West Apartments on Manhattan’s Upper West Side
Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Tower West Apartments,...
Multifamily investment stumbles in NYC in 2019
Low vacancy rate. Burgeoning population. Expensive real estate. The Big Apple’s multifamily market has always been the champion compared to the rest of the...
Rent control is illegal
New York City recently implemented its far-reaching Housing Stability and Tenant Protection Act of 2019. That law enacted extensive amendments, all plaintiff protective, to...
Cushman & Wakefield brokers sale of Farmingdale, N.Y., multifamily asset
A newly-constructed, luxury mid-rise apartment community has sold in Nassau County, announced commercial real estate services firm Cushman & Wakefield. A team of capital...
JLL closes sale of The Peaks of Nanuet
JLL announced that it has closed the sale of The Peaks of Nanuet, a 504-unit apartment complex in the suburb of Nanuet, Rockland County,...
Greystone provides $10.8 million in Fannie Mae DUS financing for Minneapolis multifamily acquisition
Greystone, a leading national commercial real estate lending, investment and advisory company, announced it has provided a $10.8 million Fannie Mae Delegated Underwriting and...
JLL arranges $386 million financing for 70 Pine Street
JLL announced today that it has arranged $386 million in financing for 70 Pine Street, a 66-story, 1.03 million-square-foot, mixed-use, Art Deco-style tower in...
GFI Realty trades Bath Beach 30-unit multifamily building for $7.225 million
GFI Realty Services, LLC announced the $7.225-million sale of 8678 Bay Parkway, a four-story walk-up, 30-unit multifamily property located in the Bath Beach section...
CBRE Affordable Housing and CBRE NY Institutional Group arrange sale of 311-units of affordable...
CBRE Affordable Housing and CBRE’s New York Institutional Group is pleased to announce the sale of the 311-unit, affordable housing community Parkledge in Yonkers,...
Related and Hudson top out Riverwalk Park, a 21-story building bringing 340 new units...
Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street...
New York City’s rent control laws erase property rights and worsen housing supply
Owning property means more than having your name on a deed. Lawyers and judges often refer to property ownership as a “bundle of rights,”...
Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...
The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore,...
HUD charges New York housing providers with discriminating against resident with disabilities
The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination. HUD...
Rent control laws seize New York apartments
Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times. “There...
